Business

The government will soon roll out its ‘Mortgage to Rent’ scheme after getting the green light from the European Commission, a senior official briefed MPs on Monday. Giorgos Panteli, permanent ...

Saudi Arabia and Russia, the world’s biggest oil exporters, deepened oil cuts on Monday, sending prices higher despite concerns over a global economic slowdown and possible further interest rate ...

Cyprus’ tourism revenue reached €217.6 million in April 2023, compared to €185.1 million in the same month of the previous year, marking a 17.6 per cent increase, according to a report by the state’...

Bond investors could be in luck for the rest of 2023 if market indicators signalling central banks will take policy tightening too far and tip their economies into recession prove accurate. ...

Golteum (GLTM) has taken the crypto market by storm with its highly successful private sale, positioning itself as a formidable contender to established cryptocurrencies like Dogecoin (DOGE) and Solana (SOL). ...

An Australian project management firm has filed a lawsuit against Twitter Inc in a US court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work ...

Many projects struggle to navigate the challenges of the current crypto market, and Cardano (ADA) and TRON (TRX) are having it worse. However, TMS Network (TMSN)‘s undeniable momentum has ...

The reform of local government must come through its essential modernisation Local self-governing authorities that are capable of responding to their mission in the modern era, with powers and responsibilities ...

Oil prices fell on Monday as concerns about a global economic slowdown and possible further interest rate hikes from the US Federal Reserve weighed on prices, offsetting forecasts of tighter ...

Reflect Festival, the flagship technology event of Cyprus, is set to take over Limassol seaside this September again, with its most impactful program yet. Reflect Festival, one of the fastest-growing ...

BlackRock’s recent announcement regarding the launch of iShares Bitcoin Trust ETF has sent shockwaves through the cryptocurrency market. As the world’s largest asset manager, BlackRock’s entry into ...

Elon Musk’s move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by the company’s new Chief Executive Linda ...

Something is changing in Larnaca, with many projects going on the public and the private sectors. There is the ongoing fixing up of the old city, extending from the coastline ...

A building block of modern society and a sizeable contributor to climate change, steel is prompting a hunt for cutting-edge technologies to decarbonise the sector. By Tom Cassauwers On an ...

A total of 130 countries representing 98 per cent of the global economy are now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages, a ...

By Charles Ellinas The UN Sustainable Development Solutions Network (SDSN) has just published the 2023 edition of its annual ‘Sustainable Development Report’, and it does not make good reading for Cyprus. ...

Nike (NKE.N) is expected to forecast full-year profit below Wall Street estimates, as demand for the sportswear giant’s products from wholesalers such as Foot Locker (FL.N) and ...

Cyprus and global banking sectors are facing a cocktail of challenges that lead to radical change, banking expert Chris Davis told the Cyprus News Agency on Sunday, underlining that enhancing ...

By Patricia Jordan ‘High summer’ in the garden here brings out the amazing flowers of tropical and semi-tropical trees. If you live along the coastline then you will be able ...

Small and medium-sized enterprises (SMEs) represent 99% of all businesses in Cyprus and employ almost 85% of all employees. This rightfully identifies SMEs as key players in the Cypriot economy. At a ...

Here are the top business stories in Cyprus from the week starting June 26: Bars and restaurants across Cyprus experienced a notable decline in occupancy rates, with the drop in guests ...

Staking cryptocurrency is a great way to generate a passive income in 2023. Average returns can be significantly higher than traditional savings accounts, with some projects offering returns rates of up ...

Exxon Mobil (XOM.N) has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc (TTI.N), the second move this year by the oil giant for ...

Oracle Corp (ORCL.N) is spending “billions” of dollars on chips from Nvidia Corp (NVDA.O) as it expands a cloud computing service targeting a new wave of artificial intelligence (...